The investment manager of the fund, a sub-fund of BNY Mellon Global Funds, will be Standish Mellon Asset Management Company, the fixed income specialist for BNY Mellon Asset Management.
The fund will be managed by the global fixed income team at Standish, which leverages 88 fixed income investment professionals overseen by the chief investment officer, David Leduc.
According to the BNY Mellon, the fund will seek to offer positive returns over a market cycle by exploiting relative value opportunities and investing across a broad array of sectors including sovereign bonds of developed and emerging economies, inflation-linked bonds, investment grade and high yield corporate bonds and currencies.
Standish CEO Desmond Intyre said that the company believes that high levels of volatility and ongoing dislocations in the global credit markets offer investors opportunities to reap attractive returns from bonds as the global economy recovers and inflationary pressures begin to build.
